Franklin India Banking & PSU Debt Fund Growth - Latest NAV, Returns, Performance & Portfolio

Franklin India Banking & PSU Debt Fund Growth

  • highlight
    8.5%
  • highlight
    16.3938

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.5%
3 Years8.79%
1 Year12.63%
6 Months6.06%
Fund Details
ISININF090I01KO5
RiskModerate Risk
Fund TypeBanking & PSU
NAV16.3938
Exit Load--

More about this fundstar

Top HoldingsWeightage
National Housing Bank7.2%
GOVT STOCK6.84%
NHPC Limited5.62%
Indian Railway Finance Corporation Limited4.32%
Bharat Petroleum Corporation Limited3.87%
POWER FINANCE CORPORATION LIMITED3.6%
Rural Electrification Corporation Limited3.32%
ONGC PETRO ADDITIONS LIMITED2.87%
HINDUSTAN PETROLEUM CORPORATION LIMITED2.85%
Food Corporation Of India2.8%

About Franklin India Banking & PSU Debt Fund

Franklin India Banking & PSU Debt Fund is an open-ended debt fund investing in debt and money market instruments issued by Banks, PSUs, PFIs and Municipal Bonds. The fund seeks to generate regular income over a medium term. The scheme may invest in REITs and InvITs, derivatives of fixed income instruments, repo in corporate debt securities, and engage in securities lending.

Pros & Cons of Franklin India Banking & PSU Debt Fund

Franklin India Banking & PSU Debt Fund offers the following benefits:

  • The fund enables investors to generate income while minimising the interest rate volatility.
  • The scheme also keeps the credit risk low by investing in high-quality debt instruments.
  • The fund returns are consistently higher than the average category returns.

Fund Information and Statistics of Franklin India Banking & PSU Debt Fund

Inception / Launch date

Franklin India Banking & PSU Debt Fund was launched on April 25, 2014, by Franklin Templeton India.

Risk level

This fund is a moderate risk-bet and suitable for regular income.

Redemption

The Scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.

Fund Manager

The fund is managed by Mr Umesh Sharma and Sachin Padwal-Desai since April 2014, whereas Mr Srikesh Nair joined in May 2018.

Entry / Exit load

The fund house does not charge any entry load or exit load.

Tax benefits of investing in Franklin India Banking & PSU Debt Fund

  • A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months.
  • A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months.
  • Dividend distribution tax will be deducted before the distribution of the dividend.

About Franklin Templeton India

Franklin Templeton India was set-up in 1996 as Templeton Asset Management India Pvt. Ltd. It is a part of Franklin Templeton Investments which was founded in 1947 and is currently operational in 170+ countries. The group is driven by 42 research offices and 600 investment professionals present in 25 countries.

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Frequently Asked Questions

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Start your investment

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns